After all the hullabaloo over the Common Admission Test (CAT) going online, some of the Indian Institutes of Management have decided to
rework the formula for selecting candidates, reducing the weightage for the CAT score.
For instance, IIM-Kozhikode -- which placed the highest weightage on CAT scores all these years, 90 points -- has proposed reducing it to 50 points for this academic year's admission. "This year, we plan to consider candidates' performance in Class-X and XII examinations, too, apart from their work experience," said a senior IIM-Kozhikode faculty.
He, however, added that the decision had nothing to do with the technical glitches that marred the conduct of the entrance exam this year. "We wanted to bring in this change for the past two-three years. We've finally decided to bring down the CAT weightage from 90 points to 50 points this year."
IIM-Bangalore, meanwhile, has gone the Ahmedabad way. The Bangalore B-school has done away with group discussion and expects candidates to be prepared for essay writing, something that IIM-A started in 2007. Students will be given 30 minutes to write on a topic that will "typically reflect current political, economic and business affairs, though other topics such as sports and those that require more creative thinking can also be included", said an IIM-B official.
IIM-A didn't divulge detailed information regarding the selection process last year. This time around, too, it's unlikely that the points it gives for the CAT score would be made public. But officials confirmed that like last year, the highest weightage would be given to a candidate's performance in the personal interview.
Himanshu Rai, chairman (admissions) at IIM-Lucknow, said the institute would place 30 points on CAT scores and the remaining 70% would depend on a host of other areas like group discussion, personal interview, Class-X and XII marks and work experience. "We want to bring in more diversity on the campus, in terms of fewer engineers and more women students," Rai added.
Sources in IIM-Calcutta said the selection process was likely to remain unchanged.
The new IIMs expected to start this academic year -- Trichy, Ranchi, Rohtak and in Rajasthan -- are yet to take any decision on the selection procedure. Admissions to these institutes will be conducted by the existing IIMs.
CAT TILE
* IIM-Ahmedabad: CAT score will get less weightage than personal interview like last year, also to be factored in are essay writing, Class X and XII scores
* IIM-Bangalore: No GD and case study discussion this year. Instead, candidates will be given 30 minutes to write an essay. Merely 20 points for CAT
* IIM-Kozhikode: Weightage for CAT down to 50 points from 90 points, the institute will consider scores of Classes X and XII, apart from work experience. Last year, 10 points were set aside for work experience
* IIM-Lucknow: CAT weightage to remain constant at 30 points. But the institute plans to slightly tweak weightage for Class X/ XII marks as well as work experience
IIM Admission CAT
Saturday, January 30, 2010MBA International Business
Wednesday, January 20, 2010What is International Business :
We call those International that are not restricted by geographical or political boundaries. Hence business operations without geographical boundaries, i.e., global commerce and the Internet have made the world smaller, but far more competitive. So one deals with terms like international business, multinational, transnational, globalization, multi domestic and the global marketplace very often. This arena along with the traditional export and import industry provides pathway to a multitude of careers.
It can be well imagined that international business success requires more business acumen than managing a domestic enterprise. The traditional business functions and values are there to be managed, but one also must understand and work from a global perspective that adds politics, culture, monetary variables, time, and distance to the international business management equation. There is also international marketing which is simply the application of marketing principles to more than one country.
Why International business
An MBA in International Business grooms working managers and executives for careers of increased responsibility with focus on diversity and multicultural concerns, International relations and business strategies sensitive to international issues.
In today’s global economy, many businesses are looking to expand into an international market, therefore, careers in international business are expected to grow at a faster than normal rate. From banks to manufacturing firms to government agencies, almost all industries have a need for people with a background in international business. There is such a wide range or opportunities available that someone with strong business skills and an international mindset should be able to easily find a job in a field that interests them.
If you are already working in a business environment, studying for your International Business MBA is the ideal way to progress your career and enjoy improved promotional prospects. You can move into the exciting area of global business management and enjoy a very rewarding and successful career with the skills and qualities that you will gain from doing an International Business MBA.
Courses available
International business and international marketing is taught as part of the MBA curriculum at B-Schools across the country. A number of universities also offer a Masters In International Business (MIB) to train for a career in International Business and Foreign Trade.
Institutions that are most active in the field are:
Indian Institute Of Foreign Trade (IIFT) - New Delhi - 110 016
Website: www.iift.edu
Symbiosis Institute Of Foreign trade(SIFT) - Pune - 411 016
Website: www.sift.edu
Who are the prospective employers?
International Marketing departments of companies engaged in exports (eg: multinational manufacturers such as automobile companies, electronics and computer companies, consumer durables manufacturers and FMCG companies etc.)
Banks and securities firms, import/export companies, consulting businesses.
Port & aviation services
Courier, airlines, cargo, steamship lines, global shipping companies
International placements in company offices abroad (eg: MNCs).
Travel and tourism and hospitality sector.
Foreign direct Investment and economic development agencies
Career facts
A fresh postgraduate in International Business Management from a reputed institute is usually recruited as a management trainee and the salary offered ranges between Rs.5 to 12 lakh per annum. The offerings head northward for international placements. Job satisfaction and career growth can be an important factor in International market research firms or consulting organizations.
To summarize, one can consider this niche area of study for a lucrative career and a rewarding work environment. Moreover, a functional expertise in business finance, finance & accounting, International Human resource management, marketing, e-business and information technology would improve an individual's chances of obtaining a top position. Familiarity with a foreign language and international business practices, interest in people-development and teaching will be an asset and an added competitive advantage.
MBA For Doctors
MBA seems to be the most sought after post graduation option nowadays. So, if you are a doctor you must have contemplated this choice while thinking of MD or MS. There are many management specializations for medical students. If you are confused whether to change your profession as a doctor and become a manager then you should follow your aptitude. If you are very good as a doctor then you should pursue a MD or MS in the area of your interest. Or else, if you have good managerial skills then very well go for MBA where there is a lot of scope for you.
Doctors who go into management can find great jobs in hospital management and administration. There are big medical electronic companies like Philips or GE which would absorb MBA grads with a background of medicine. These companies develop products and services which can best be done by doctors. Besides, there is tremendous scope for clinical research. Doctors with management background can do a phenomenal job in terms of product development and management.
It is not necessary that you have to move away from your medical profession once you have a management degree. You can very well continue to practice. Infact, a doctor with managerial skills can provide the best treatment, which is cheapest for the patients. A MD/MBA integrated degree is very popular in the west. More and more students are showing interest in health-care management.
Considering the amount of money spent on becoming a doctor, it is necessary that you have the skills to earn as much (if not more) in as little time as possible; for which business knowledge is crucial. However good a doctor you may be, or however great your clinic is, you need patients to keep coming in and that requires planning and strategic overview of things. However, people in the medical community are not simply pursuing MBAs as a sort of one-stop shop for business education. There are also master's degrees in public health care and executive MBA programs for doctors.
Whatever said and done, a MBA degree will help you make money but not save a life, only clinical knowledge will help you do that. So, it is very essential that you practice as a doctor for not less then 5 years before you pursue a MBA degree.
You can find employment in hospitals and other healthcare organisations. The tasks would typically involve managing the staff, health services and containing the expenditure. While both medical and non-medical graduates can take up the course, medical graduates would be dealing more with the technical aspects of hospital administration.
Tata Institute of Social Sciences, Maharashtra offers Master of Hospital Administration. The eligibility criteria are graduation in any discipline with minimum 50 per cent marks and age not more than 45 years. The admission is based on entrance test, group discussion and personal interview. For details, visit www.tiss.edu
Manipal University, Manipal Institute of Management, Manipal offers MBA in Hospital Administration and Health Care Management. The eligibility criterion is graduation in any discipline with minimum 50 per cent marks. The admission is based on performance at Management Aptitude Test, group discussion and personal interview. For details, visit www.manipal.edu
MBA --Group Discussion
Group Discussion is a very important round in any selection process, be it for an MBA course, campus recruitment or for any graduate/post graduate degree. The selection committee conducts GD to gauge whether the candidate has certain personality traits and/or skills that it desires in its members, say for example
§ Ability to work in a team
§ Communication skills
§ Leadership skills
§ Reasoning ability
§ Initiativeness
§ Assertiveness
§ Creatibility
§ Flexibility
§ Ability to think and act independently
Normally groups of 8-10 candidates are formed into a leaderless group, and are given a specific situation to analyse and discuss within a given time limit. The group may be given a Case Study and asked to come out with a solution for a problem. The group may be given a topic and asked to discuss on the same. A panel will observe the proceedings and evaluate the members of the group.
Let’s discuss some few relevant points which one should remember while appearing for a GD. One needs to know what one's objective in the group is---- to be noticed by the panel and to contribute meaningfully in an attempt to help the group reach the right consensus.
1) The first thing is that the panel should notice you. Merely making a meaningful contribution and helping the group arrive at a consensus is not enough.
· You must ensure that the group hears you. If the group hears you, so will the evaluator.
· You need to be assertive. It depends on you how you steer the group in the right direction, once it gets stuck to something. This gives you the chance to showcase your leadership skills.
· Most importantly, you have to make your chances. Many group discussion participants often complain that they did not get a chance to speak. The fact is that in no group discussion will you get a chance to speak. There is nothing more unacceptable in a GD than keeping one's mouth shut or just murmuring things which are inaudible.
2) The second most essential thing is that your contribution to the group should be meaningful. For that you need to have a good knowledge base. You should be able to think logically and hence put forth you ideas cohesively. The quality of what you said is more valuable than the quantity. It doesn’t help if you shout at the top of your voice and speak at great length, what matters most is what you speak and how it creates an impact on the group as well as the evaluators.
3) The last most important thing is that you must be clearly seen to be attempting to build a consensus. This shows your ability to work in a team, your ability to adjust yourself in new surroundings and help others in your team to reach a definite conclusion amidst difference of opinions. After all this is what all Group Discussions aim at: To be able to discuss and arrive at a consensus.
To be able to meet the above requirements during a Group Discussion, one should keep in mind the following basic mantras:
a) Be Yourself. Be as natural as possible and don’t try to be someone you are not.
b) Take time to organize your thoughts. Don’t suddenly jump to any conclusion. Think before you speak so that you don’t speak anything irrelevant to the topic being discussed.
c) Don’t make the mistake of looking at the panel while you are speaking. You are in a Group Discussion and you are expected to discuss among group members, so always look at your group members while you are speaking.
d) Seek clarifications if you have any doubts regarding the subject, before the discussion commences.
e) Your body language says a lot about you - your gestures and mannerisms are more likely to reflect your attitude than what you say.
f) Never try to show your dominance. Be assertive, speak yourself and let others speak as well.
g) Don’t lose your cool if anyone says anything you object to. The key is to stay objective: Don't take the discussion personally.
h) Show your leadership skills. Motivate the other members of the team to speak. Be receptive to others' opinions and do not be abrasive or aggressive.
i) Remember, opening the discussion is not the only way of gaining attention and recognition. If you do not give valuable insights during the discussion, all your efforts of initiating the discussion will be in vain.
Don’t be disheartened if you did not do well in your First Group Discussion. Instead try to learn from your past mistakes. Remember,
Practice makes man perfect!!!!!
MBA In A Nutshell
First of all one must be clear about an M.B.A Program, i.e. what is it all about, its relevance and then decide about going in for it.
M.B.A is a ‘Masters’ program, which prepares students for various functions and positions in the ‘Business World’.
Why do majority of students and practicing executives join an M.B.A program?
First and foremost for getting a good job with a decent remuneration.
Since the Business activities sphere is very large and diverse, there are many career options and job opportunities for the job seekers.
Students with diverse academic backgrounds are eligible for admission and there is no bar for any graduate student, with sound academic credentials.
A management career appears to be attractive and glamorous.
Students with specific interest in and passion for self-entrepreneurship can learn a lot about ‘Business Management’ and can arm themselves with sound and relevant education.
Children and Parents from business families are increasingly seeking professional education before entering the family business.
It is in vogue and fashionable to acquire and flaunt an M.B.A degree.
You have to carefully decide your own reasons for choosing to go in for an M.B.A program. In any case whatever your rationale may be, management education is very stimulating, useful and rewarding.
It is recommended that decision to go in for an M.B.A degree should be taken much before completion of the graduate degree or in the beginning of your professional career, in case you want to acquire some work experience before seeking admission.
You must prepare a list of the Top 10 or Top 20 Business Schools and others also, alongside their eligibility criterion and the type of entrance examination. Most of the good schools require students to appear for C.A.T and some for G.M.A.T tests.
The essential focus areas in which the students are tested are: -
Command over English language, i.e. expression, vocabulary, precision and grammar.
Logical and Reasoning ability- this requires basic knowledge of Math and Statistics, besides of course logical thinking in general.
Knowledge about the National and World affairs, specially the current ‘hot topics’
Leadership Qualities and Public Speaking prowes, which are mainly tested through ‘Group Discussions’.
MBA Examination Pattern
All the written tests are based on multiple-choice type objective questions and are mainly conducted on-line.
The ratio of the number of questions to be answered and the time allotted is very challenging, e.g. one has to answer 60 questions in 45 minutes.
You cannot go to the next question before answering the previous one as per the latest pattern. This means that you cannot run through the question paper from top to bottom, solving the problems, which are easy for you and go back to the top again for the more difficult ones.
The algorithms are continuously redesigned and you cannot predict the positive, neutral and negative marking weightage.
It essentially boils down to ‘speed’, thorough preparation with an understanding of the subject matter and a cool minded approach.
How to Prepare for MBA Entrance
Start working on your language skills and the communication ability. For this you must read a standard National Daily Newspaper and a regular News Magazine on a daily basis, besides any other reading of your choice. This will also increase your awareness about the current affairs.
For correct vocabulary, spellings and grammatical usage, consult a standard Dictionary and note down what you have checked.
For better-spoken expression, watch a good T V news program conducted by a news anchor who speaks in an easy and accent free tone. This has to be done everyday (the same program).
If you are self-conscious, you can practice by reading the newspaper aloud in front of a mirror for 15 minutes everyday.
Commerce, non-medical and other students who have optional math in school and college MUST take the subject, no matter how difficult they find it to be. Others can start take private coaching from a very early stage.
Maximum number of students who qualify are from the engineering disciplines and have a strong math background. The others are well advised not to underestimate this fact and to prepare hard to close the gap.
Solving puzzles and participating in quiz competitions will enhance your logical ability.
Invest in good standard C.A.T and G.M.A.T preparation books and start taking on-line tests to check / enhance your score.
Determine your weak areas and work on them for continuous improvement.
Be prepared and open to ask for guidance and help from parents and friends.
Join a standard Coaching Program, preferably for TWO years in succession. It should be a physical tutoring program and not a distance learning one for real effectiveness.
Check with seniors and friends who have earlier got admission to good business schools and note down relevant points out of their experience.
This list obviously is not complete but is meant to give you a clear idea of how-to-go-about-it.
A word of advice-do not be worried or over-confident. Apart from your inherent talents, serious and focused preparation is required by just about every one. Also you have to not only ‘Work Hard’ but also ‘Work Smart’ to get the most out of your efforts.
MAT Participating Institutes List5
Academy of Management Studies
Academy of Technology & Management
Accurate Institute of Management & Technology
AIMA-Centre for Management Education (PGDM)
AIMA-Centre for Management Education (PGDITM)
Algol School of Technolgy
Allahabad Institute of International Management
Amity Business School
Amrapali Institute
Ansal Institute of Technology
Apeejay Institute of Technology
Apeejay School of Management
Apostle Business School
Artex Informatic Solutions
Aryabhatt College of Management & Technology
Aryans Business School
Asia Pacific Institute of Management
Asia Pacific Institute of Management Studies
Baba Ghulam Shah Badshah University
Bangalore School of Business
Bhai Gurdas Group of Business School-BGIMT
Bhai Gurdas Institute of Engineering & Technology
Bharatiya Vidya Bhavan's - Sardar Patel College of Communication & Management
BLS Institute of Education
BLS Institute of Management
Business School of Delhi
Campus B-School
Centre for Management Technology
Centre for Management Training & Research
Chandigarh Business School
College of Management & Technology
Cordia Institute of Business Management
Cosmic Business School
CT Institute of Advance Management Studies
CT Institute of Management & Information Technology
Deen Dayal College of Management
Deen Dayal Upadhyaya Institute of Management & Higher Studies
Dehradun Institute of Technology
Delhi Business School
Delhi Business School
Delhi School of Professional Studies & Research
Desh Bhagat Institute of Management & Computer Sciences
Dev Bhoomi Group of Professional Institutes
Dewan Colleges & Institutes
Disha Institute of Science & Technology
DIT School of Business
DPC Institute of Management
Dr Gaur Hari Singhania Institute of Management & Research
Dr IT Business School
Dr Virendra Swarup Institute of Computer Studies
Dr Yashwant Singh Parmar University of Horticulture & Forestry
EMPI Institutions
Footwear Design & Development Institute
Galgotias Business School
GGN Institute of Management and technology,
Gian Jyoti Institute of Management & Technology
GL Bajaj Institute of Management & Research
Global Business School
Global Entrepreneurship & Management Academy
Global Institute of Management Technology
Global Institute of Management Technology
Global School of Business
GNIT College of Management
Graduate School of Business & Administration
Guru Gobind Singh Institute of Technology & Management Studies
Guru Gram Business School
Guru Nanak Institute of Management
Guru Nanak Institute of Management & Technology
Gurukul Kangri Vishwavidyalaya
Harikishan Institute of Management Studies
Harish Chandra PG College
Harlal Institute of Management & Technology
Haryana Institute of Business Management
Hindustan Institute of Management
HNB Garhwal University-Centre for Mountain Tourism & Hospitality Studies
HNB Garhwal University-Department of Business Management
HR Institute of Professional Studies
MAT Participating Institutes List4
ICFAI University
IEC College of Engineering & Technology
IILM Academy of Higher Learning-CMS
IILM Business School
IILM Business School
IILM Institute for Higher Education
IILM Institute for Higher Education
IIMR Pharma Business School
IIMT Management College
INC
Indian Institute of Finance
INJ Business School
Institute for Integrated Learning in Management-GSM
Institute of Advance Management & Research
Institute of Cooperative Management
Institute of Environment & Management
Institute of Information Technology & Management
Institute of Management & Development
Institute of Management & Development
Institute of Management & Development
Institute of Management & Research
Institute of Management & Technology
Institute of Management Education
Institute of Management Sciences
Institute of Management Sciences
Institute of Management Studies
Institute of Management Studies
Institute of Management Studies
Institute of Management Studies
Institute of Management Studies
Institute of Marketing & Management
Institute of Productivity & Management
Institute of Productivity & Management
Institute of Productivity & Management
Institute of Productivity & Management
Institute of Professional Excellence & Management
Institute of Technology & Science
Institute of Technology & Science-Institute of Management
Integrated Academy of Management & Technology
Integrated Management College
International Business School
International Business School
International Institute for Special Education
International Institute of Business Management
International Management Centre
Invertis Institute of Management Studies
Ishan Institute of Management & Technology
Islamic University of Science & Technology
Jagannath International Management School
Jagran Institute of Management
Jaipuria Institute of Management
Jan Nayak Ch Devi Lal College of Engineering
Janhit Institute of Education & Information
JK Business School
Kedarnath Aggarwal Institute of Management
KR Mangalam Global Institute of Management
Kumaun University
Lal Bahadur Shastri Institute of Management & Development Studies
Lal Bahadur Shastri Institute of Management & Technology
Landmark Foundation
Lloyd Institute Management & Technology
Ludhiana College of Engineering & Technology
Maharishi Markandeshwar Institute of Management
Management Education & Research Institute
Mangalmay Institute of Management & Technology
Master School of Management
Mewar Group of Institutions
Model Institute of Engineering & Technology
Motilal Rastogi School of Management
Netaji Subhash Institute of Management Sciences
New Delhi Institute of Management
New Delhi Institute of Management Studies
Nimbus Academy of Management
NIMT Greater Noida
NIMT Institute of Hospital & Pharma Management
NIMT Institute of Management & Terchnology
NIMT Mahila Technical College
NSB
Omkarananda Institute of Management & Technology
Priyadarshni Institute of Management & Sciences
Punjab College of Technical Education
Rai Business School
Rai Business School
Rajiv Academy for Technology & Management
Rakshpal Bahadur Management Institute
Rakshpal Bahadur Management Institute
RIMT Institute of Engineering & Technology
RIMT Institute of Management & Computer Technology
Saraswati Institute of Management & Technology
SAS Institute of Information Technology & Research
SET Business School
Shiva Institute of Management Studies
Shri Atmanand Jain Institute of Management & Technology
Shri Balwant Institute of Management
Shri Guru Ram Rai Institute of Technology & Science
Shri Mata Vaishno Devi University - The School of Economics
Shri Ram Murti Smarka College of Engineering & Technology
Skyline Business School
Skyline Education Institute
Skyline Institute of Engineering & Technology
Sriram Institute of Management & Technology
SRM Institute of Management & Technology
St Thomas Management Institute
Sunder Deep College of Management Technology
Swami Vivekanand School of Management
Teerthankar Mahaveer Institute of Management & Technology
The Delhi School of Communication
Tula's Institute
United Institute of Management
United Institute of Management
University of Jammu
University of Petroleum & Energy Studies
Uttaranchal Institute of Management
Vishveshwarya School of Business Management
Vision Institute of Advanced Studies
MAT Participating Institutes List3
Advent Institute of Management Sciences & Technology
AIMA-Centre for Management Education (PGDM)
AIMA-Centre for Management Education (PGDITM)
Alard Institute of Management Sciences
Apex Institute of Management
Asia Pacific Institute of Management
Audyogik Shikshan Mandal's CSIT
Audyogik Shikshan Mandal's IBMR
Audyogik Shikshan Mandal's IIBR
Audyogik Shikshan Mandal's IMCOST
Audyogik Shikshan Mandal's IPS
Bhilai Institute of Technology
Centurion Institute of Professional Studies
Compucom Institute of Information Technology & Management
Disha Institute of Management & Technology
Ganpat University
GIDC Rofel Business School
Global Business School & Research Centre
Global School of Business
Gyan Vihar
IILM Business School
IILM Business School
IILM Business School
IILM Business School
IILM Business School
INC
Indian Institute of e-Business Management
Indian Institute of Management Training
Institute of Business Management & Research
Institute of Business Studies & Research
Institute of Health Management Research
Institute of Rural Management
International Business School
International Business School
International Institute of Foreign Trade & Research
International Institute of Management Sciences
International Institute of Management Studies
International School of Corporate Management
International School of Management & Research
Jaipur National University
JK Institute of Technology & Management
KIIT School of Management
Kohinoor Business School
Maharishi Arvind Institute of Science & Management
Maharishi Arvind International Institute of Management
Maharshi Dayanand Saraswati University
MKM Indian Institute of Management
Mody Institute of Technology & Science
Mumbai School of Business
Mumbai School of Business
NIMT Institute of Agri-Business & Rural Management
NSB
Parul Institute of Management
Pioneer Institute of Professional Studies
Pt Ravi Shankar Shukla University
Pune Institute of Business Management
Rai Business School
Rai Foundation
Shankara Institute of Technology
Shivalik Institute of Management Education & Research
Shri Shankaracharya Institute of Management & Technology
Som-Lalit Institute of Management Studies
Sun Institute of Management
Sun Institute of Management Studies
Suryadatta College of Hospitality Management & Travel Tourism
Suryadatta College of Management & Information Technology
Suryadatta Group of Institutions
Suryadatta Institute of Management & Information Research
Suryadatta Institute of Management & Mass Communication
Synergy Institute of Management
Taxila Business School
Tolani Institute of Management Studies
MAT Participating Institutes List2
Academy for Business Management, Tourism & Research
Acharya Institute of Management & Sciences
Acharya Institute of Technology
Adhiyamaan College of Engineering
AIMA-Centre for Management Education (PGDM)
AIMA-Centre for Management Education (PGDITM)
Albertian Institute of Management
Allama Iqbal Institute of Management
Alliance Business Academy
Ambedkar Institute of Management Studies
Asan Memorial Institute of Management
Aurora's Business School
Badruka Group of Institutions
Balla Institute of Technology & Management
Bangalore Institute of Management Studies
Bangalore School of Business
BET College of Management & Science
Bharata Mata Institute of Management
Bharatiya Vidya Bhavan
Brindavan College
Caarmel Engineering College
CBM College
Chinmaya Institute of Technology
CMR Group of Institutions
Coimbatore Institute of Management & Technology
College of Engineering
Conspi Academy of Management Studies
David Memorial Business School
Dayananda Sagar Institutions
DC School of Management & Technology
DG Vaishnav College
Dhruva College of Management
DJ Academy for Managerial Excellence
Dr N S Kolla School of Business
Elijah Institute of Management Studies
Farook Institute of Management Studies
Fatima College
FISAT Business School
Grahambell P G College
Guruvayurappan Institute of Management
Holy Grace Academy of Management Studies
IBMR International Business School
IFIM Business School
IILM Business School
IILM Business School
IILM Business School
IILM Business School
INC
Indian Institute of Plantation Management
Institute of Business Management & Research
Institute of Business Management & Research
Institute of Business Management & Technology
Institute of Excellence in Management Science
Institute of Management Education & Research
Institute of Technology Mayyil
INTECH Institute of Business Management
Integral Institute of Advanced Management
International Business School
International School of Business & Research
International School of Business & Research
International School of Business & Research
Jai Bharath School of Management Studies
Jansons School of Business
JSS Centre for Management Studies
Justice KS Hegde Institute of Management
Kerala Institute of Tourism & Travel Studies
KIIT School of Management
KKECS Institute of Management
KMCT School of Business
Kristu Jayanti College of Management & Technology
KSR Business School
Lourdes Matha College of Science & Technology
Mangalam College of Engineering
Marthoma College of Management & Technology
MES College
MES College of Engineering
MOP Vaishnav College for Women
Mount Zion College of Engineering
MP Birla Institute of Management
MSN Institute of Management & Technology
Nadar Mahajana Sangam S Vellaichamy Nadar College
Nehru College of Engineering & Research Centre
Nehru College of Management
Nesamony Memorial Christian College
NSB
Noble Institute of Science & Technology
Park Global School of Business Excellence
Park Global School of Business Excellence
PES School of Management
Presidency Business School
Professional Institute of Business Studies
Rai Business School
Rai Business School
Rai Business School
Rajalakshmi Engineering College
Ramaiah Institute of Management
RK Institute of Management & Computer Science
RL Institute of Management Studies
RV Institute of Management
SA Engineering College
Saintgits Institute of Management
School of Management for Infrastructure & Development Strategies
SCMS School of Technology & Management
SCMS-Cochin
Seshadripuram First Grade College
Sidvin School of Business
SIET Institute of Management
Siva Sivani Institute of Management
SNMV Institute of Management
SNR Sons College
Sona School of Management
Sree Narayana Guru Institute of Science & Technology
Sri Bhagwan Mahaveer Jain College of Engineering
Sri Krishna College of Engineering & Technology
SSM College of Engineering
St Johns College
Surana College
TKM Institute of Management
Vignana Jyothi Institute of Management
Virudhunagar Hindu Nadar's Senthikumara Nadar College
Vishwa Vishwani Institute of Systems & Management
Viswajyothi College of Engineering & Technology
Westfort Higher Eductation Trust
MAT Participating Institutes List1
MBA Top 10 Coll;eges -Academic excellence Selection process Recruiter’s satisfaction
Friday, January 15, 2010Top 10 B-schools in Recruiter’s satisfaction
1. IIM-C (Calcutta)
2. Narsee Monjee Inst. (Mumbai)
3. XLRI (Jamshedpur)
4. IIM-B (Bangalore)
5. IIM-A (Ahmedabad)
6. ICFAI Business School (Hyderabad)
7. Symbiosis Inst. of Mgmt. (Pune)
8. S.P. Jain Inst. of Mgmt. (Mumbai)
9. Jamnalal Bajaj Inst. (Mumbai)
10. Sydenham Inst. of Mgmt. (Mumbai)
Top 10 Management Institutes (Selection process)
1. IIM-A (Ahmedabad)
2. IIM-B (Bangalore)
3. IIM-C (Calcutta)
4. MDI (Gurgaon)
5. IIM-I (Indore)
6. S.P. Jain (Mumbai)
7. IIM-L (Lucknow)
8. XLRI (Jamshedpur)
9. IIM-K (Kozhikode)
10. Narsee Monjee (Mumbai)
Top Ten MBA Institutes (Academic excellence)
1. IIM-A (Ahmedabad)
2. IIM-B (Bangalore)
3. IIM-C (Calcutta)
4. S.P. Jain (Mumbai)
5. XLRI (Jamshedpur)
6. IIM-L (Lucknow)
7. IIM-I (Indore)
8. MDI (Gurgaon)
9. Jamnalal Bajaj (Mumbai)
10. IIM-K (Kozhikode)
Top Ten MBA Colleges in terms of Placements
1. IIM-B (Bangalore)
2. IIM-A (Ahmedabad)
3. IIM-C (Calcutta)
4. IIM-L (Lucknow)
5. XLRI (Jamshedpur)
6. FMS (Delhi)
7. S.P. Jain (Mumbai)
8. IIM-I (Indore)
9. Jamnalal Bajaj (Mumbai)
10. IIM-K (Kozhikoe)
MBA Regional Top 10 Colleges
1. IIM-L (Lucknow)
2. MDI (Gurgaon)
3. FMS (New Delhi)
4. IIFT (New Delhi)
5. IMT (Ghaziabad)
6. DMS, IIT Delhi (New Delhi)
7. IMI (New Delhi)
8. DMS, IIT Kanpur (Kanpur)
9. DMS, IIT Roorkee (Roorkee)
10. IMS (Noida)
Top 10 MBA Colleges in West India
1. IIM-A (Ahmedabad)
2. S.P. Jain (Mumbai)
3. IIM-I (Indore)
4. JBIMS (Mumbai)
5. MICA (Ahmedabad)
6. Symbiosis (Pune)
7. Narsee Monjee (Mumbai)
8. SJMSoM, IIT (Mumbai)
9. Welingkar (Mumbai)
10. NITIE (Mumbai)
Top 10 MBA Colleges in East India
1. IIM-C (Calcutta)
2. XLRI (Jamshedpur)
3. XIM (Bhubaneswar)
4. BIT (Ranchi)
5. VGSoM IIT (Kharagpur)
6. KIIT Bhubaneswar (Bhubaneswar)
7. XISS (Ranchi)
8. IISWBM (Calcutta)
9. DMS, ISM Univ (Dhanbad)
10. Regional College (Bhubaneswar)
Top 10 MBA Colleges in South India
1. IIM-B (Bangalore)
2. IIM-K (Kozhikode)
3. ICFAI (Hyderabad)
4. Loyola Inst. (Chennai)
5. IFMR (Chennai)
MBA Govt. Private Colleges Top 10
1. Indian Institute of Management (IIM)-A (Ahmedabad)
2. Indian Institute of Management (IIM)-B (Bangalore)
3. Indian Institute of Management (IIM)-C (Calcutta)
4. Indian Institute of Management (IIM)-L (Lucknow)
5. Indian Institute of Management (IIM)-I (Indore)
6. Indian Institute of Management (IIM)-K (Kozhikdoe)
7. Management Development Institute MDI (Gurgaon)
8. Faculty of Management Studies Delhi Univ. FMS (New Delhi)
9. Jamnalal Bajaj Institute (Mumbai)
10. Indian Institute of Foreign Trade IIFT (New Delhi)
Top 10 Private MBA Colleges / B-schools
1. XLRI (Jamshedpur)
2. S.P. Jain Institute (Mumbai)
3. MICA (Ahmedabad)
4. Symbiosis Institute (Pune)
5. IMT (Ghaziabad)
6. Narsee Monjee (Mumbai)
7. ICFAI Business School (Hyderabad)
8. XIM (Bhubaneshwar)
9. Welingkar Institute (Mumbai)
10. IMI (New Delhi)
Top Sectoral B-Schools
1. MICA (Ahmedabad) Communication Mgmt.
2. IIFM (Bhopal) Forest Management
3. IRMA (Anand) Rural Management
4. DMS, ISM Univ (Dhanbad) Industrial Management
5. MANAGE (Hyderabad) Agricultural Marketing
MBA Colleges- Metros
1. S.P. Jain Institute
2. Jamnalal Bajaj
3. NMIMS
4. SJ Mehta, IIT-B,
5. Wellingkar
Top B-schools in New Delhi (NCR) -
1. MDI-Gurgaon
2. FMS
3. IIFT
4. IMT-Ghaziabad
5. DMS, IIT-D
Top B-schools in Chennai
1. Loyola
2. IFMR
3. DMS, Anna Univ
Top B-schools in Bangalore
1. IIM-B
2. IBMT
3. IFIM Bangalore
Top B-schools in Calcutta -
1. IIM-C
2. IISWBM
Top B-schools in Hyderabad -
1. ICFAI Business School
2. MANAGE
3. IPE
4. DBM, Osmania Univ
MBA Resource
Cruel World for MBAs -- a free career management service designed exclusively for business school alumni and students. This site is not a job listing or resume bank. It’s a fully interactive customized job-matching service that emails you when it finds matches based on your registration. MBA depot -- where current MBA students, MBA grads, and MBA prospects can get the stuff you need to succeed. This site is designed to address the educational goals of typical MBA students or alumni. Includes member forums -- a great networking opportunity. Free. MBAFreeAgents.com -- an interactive network of experienced MBAs looking for high-profile full-time and project positions. Through innovative programs and techniques, members are showcased. Members post your bios and a cover letter, as well as gain access to job listings and other resources. Free to job-seekers. MBA GlobalNet -- where job-seekers with an MBA who are interested in global careers can join a global network of 10,000+ business professionals. This is not a job site in the truest sense, but a networking site where you can interact with a large group of international professionals to discuss jobs and careers, have you resume/CV critiqued, and much more. Includes two membership levels. Free and fee-based. MBAjobs.net -- with an international focus, allows current MBA students and recent MBAs to search current job vacancies, find information on employers and recruiters of MBAs, post a profile, and get advice on jobs and careers. Free to job-seekers. MBA Management -- an executive search firm for qualified MBAs, including both temporary and permanent placement. Free to job-seekers. MBA Search! -- a great place for MBAs to search for jobs and post their resumes. Also includes a broadcast service that emails new job openings to job seekers. MinorityMBAs.com -- a job site dedicated to connecting leading minority MBA students and professionals with top companies committed to workplace diversity. Job-seekers can search through thousands of job and internship listings (by keywords, job type, job function, industry, and location), as well as post an anonymous MBA profile (resume), register for job alerts, and find career resources. No cost to job-seekers. MBA - Cost Effort Time
Regardless of your reasons, if you are contemplating attending graduate school to obtain your MBA, you should read this article before you make your final decision. This article will take you through all the important issues you need to contemplate before making your decision of whether -- and when -- to obtain your MBA.
What is an MBA? It's a Master of Business Administration degree, granted after one to two years of graduate-level university study that provides training in the theory and practice of business management. The MBA is basically a document that certifies that you have a general competency in all the major functional management roles you'll find in the modern corporation. An MBA is a career accelerator across a number of industries and MBA graduates can usually command higher salaries.
Ideal Time to Get MBA
When is the best time to enroll in an MBA program? The obvious answer is to enroll at a point in your career when the MBA is necessary to take your career to the next level, but the choice is never that simple.
For the college undergrad, the biggest question you need to ask yourself is why -- why are you interested in going straight through and getting your MBA right after your bachelor's degree? The top-ranked programs will not even admit you if you don't have at least several years of experience, and a freshly minted MBA with little or no job experience is often in a much tougher job hunt than a recent college grad with little or no job experience.
For the job-seeker, the question about getting your MBA involves how as much as when. Will you keep working while earning your MBA in a part-time program or do you have the financial resources to quit your job and return to school full-time? Will your current employer help finance your MBA? Do you need the MBA as part of a career change -- and if so, how are you going to do it?
Finally, there is the question of the economy. Some people think it's a good hedge to get an MBA during an economic slowdown -- a safe haven -- rather than face the tough job market; however, when the economy is bad, even having an MBA is no guarantee of obtaining a lucrative job offer. The best advice? Talk to recruiters and MBA career placement counselors -- and read the current trends in magazines such as Business Week, Success, U.S. News and World Report.
MBA Enrollment Trends
The number of MBA degrees conferred annually has seen explosive growth over the last few decades, going from under 5,000 MBAs in 1960 to more than 100,000 MBAs in 2000. Enrollment is also influenced by the economy, and as the economy turns toward a downturn, both recent grads and displaced workers head back to earn their MBAs.
Because of the growing number of graduate business programs that confer more and more MBA degrees, the degree itself is not as special or highly-valued as in the past. An MBA alone will not be the magic key to the door of career and job-hunting success.
Types of MBA
One of the questions you'll need to answer is whether you are interested in a general MBA, which is often shorter in duration, or a specialized MBA, which may take longer but make you more marketable.
Regardless of the type of MBA, the core topics you'll encounter include:
# Accounting
# Quantitative analysis
# Economics
# Marketing
# Organizational behavior
Specialized MBAs offer more advanced study in a particular area of business (such as marketing) or a particular industry (such as higher education).
Finally, you'll need to determine the value of the "name" of the program you are considering. If you are searching for a big push that fast tracks your career, snagging an MBA from one of the top schools in the country may be the ticket. But, if you're looking to simply get ahead and move your careers along, don't discount the many MBA programs that are unranked but that offer you the degree and value you need. (See the link for Business Week, below, which is one of several organizations that rank MBA programs.)
MBA Costs -- and Returns
According to one salary guide, an MBA is worth about $10-30,000 a year over a bachelor's degree, but the salary increase you could see may be much less -- or much more. Factors that can affect your salary include:
* whether you stay with your current employer or seek a job with a new employer.
* the amount of relevant experience you have for the job you are seeking.
* the reputation of the graduate school you attended.
* the type of job you are seeking -- and the level of supply/demand for workers.
* the industries where you are seeking a job.
* the location of the jobs you are seeking.
But don't forget to factor in the costs as well, with the average cost of graduate study leading to an MBA at about $40,000. Tuition and expenses add up to about $54,000 per nine-month academic year (resulting in an investment of more than $100,000 for the full-time two-year MBA) at Wake Forest University, one of the premier MBA programs. You'll find tuition closer to $12,000 at lesser known programs with generic MBA degrees.
What an MBA Can Do for Your Career
If you're looking for the MBA to help you get into the executive suite, it may be just the ticket you need. According to a study by Accountemps, a global temporary staffing service for accounting and finance professionals, 80 percent of executives responding to the survey said that a graduate degree in business is still important to reach senior management ranks within most companies.
And there is growing evidence that having an MBA not only gives you more leverage in dictating new job titles and salary, but also gives you leverage in achieving a better balance between work (read: fewer hours working) and life outside work.
Final Words of Wisdom
Whatever you do, don't jump into an MBA program without doing all the necessary research and introspection. And once you have made the firm decision to attend a graduate business program, make sure you read one of our other articles: Criteria for Choosing a Graduate Program.
Part Time MBA
Part-time MBA programs are mainly structured for working professionals. Classes for part-time MBA are held in the evenings and/or over weekends. Since there are no full-day classes, students can juggle between work and lectures.
There are some B-schools offering part-time MBA programs in India. Usually there are no internships because students who take up this program have certain required work experience. Part time MBAs offer the same ability to specialize as full time MBA programs. These MBAs are spread over a longer period of time which ranges from three to five years.
Part time MBA is famous in the corporate world. They are also useful for people looking for job change. Since classes are conducted after office hours, new learning can be developed without affecting the current job. .
Part time MBA students’ learning culture is unique because these students have already experienced the nature of corporate world and this brings in their own set of unique work experiences that then can mould, re-mould or change after completion of the MBA. Some people feel that part time MBA does not have as much scope as full time MBA. However, this depends on a lot of factors like work experience, financial background, available time etc
Part time MBAs allow students to take loans, infact the universities and the B-schools help the students in receiving their loans.
Some institutes also have tie ups with banks so that a student faces no difficulty in his or her education. Since part time MBA is spread over a longer period of time, students unwilling to take loan can pay their fees on installment basis through their current earning. Scholarships may or may not be available. It is better to check the flexibility of the part time program if your work requires you to travel frequently.
Some companies also finance part time MBAs for their deserving employees. Part time MBA is a great way to move up the corporate ladder.
GMAT Scores MBA Admissions
1. Indian School of Business (ISB), Hyderabad
* Programme: 1 year Full Time Post Graduate Programme in Management
* Last Batch Size: 579
* Average GMAT Scores (for last batch): 716
* Admission Pre-requisites:
A Bachelor’s degree in any discipline.
2 years of full-time work experience.
GMAT Scores of the last five years are valid.
TOEFL / IELTS, only if language of instruction during under graduate education was not English.
* Application Deadline (for 2010-11 batch):
Cycle 1 : September 15, 2009
Cycle 2 : December 1, 2009
* Programme Expenses: INR 20,20,000 (approx)
* Placements 2009:
Average International CTC: USD 119, 022
Average Domestic CTC: INR 15,05,000
http://www.isb.edu/pgp/
2. Indian Institute of Management, Ahmedabad
* Programme: PGPX: One Year Post-Graduate Programme in Management for Executives
* Last Batch Size: 80
* Average GMAT Scores (for last batch): 721.5
* Admission Pre-requisites:
Bachelors Degree or equivalent in any discipline
Minimum Age 27 years at the start of the programme
Valid GMAT score
Full-time work experience of 6-7 years for graduates, and 5-6 years for post-graduates.
* Application Deadline (for 2010-11 batch): August 10,2009
* Programme Expenses: INR 17,52,500 (approx)
* Placements 2009:
Average International CTC: USD 122,000
Average Domestic CTC: INR 20,16,000
http://www.iimahd.ernet.in/pgpx/pgpxone.htm
3. Indian Institute of Management, Bangalore
* Programme: 1 year Executive Post Graduate Programme in Management
* Last Batch Size: 60-75
* Average GMAT Scores (for last batch): 695
* Admission Pre-requisites:
Graduate in any discipline.
A minimum of 7 years full time work experience.
A valid GMAT score.
* Application Deadline (for 2010-11 batch): Sep 30, 2009
* Programme Expenses: INR 16,75,000 (approx)
http://www.epgp.in/
4. Indian Institute of Management, Calcutta
* Programme: 1 year POST-GRADUATE PROGRAMME FOR EXECUTIVES (PGPEX)
* Admission Pre-requisites:
Graduate in any discipline.
A minimum of 5 years full time work experience.
A valid GMAT score (last 3 years).
* Application Deadline (for 2010-11 batch): May 11 – July 31, 2009
* Programme Expenses: INR 14,00,000 (approx)
http://www.iimcal.ac.in/pgpex
5. Indian Institute of Management, Lucknow (Noida Centre)
* Programme: 1 year International Programme in Management for Executives
* Admission Pre-requisites:
Executives with Bachelor's Degree in any discipline or equivalent
Minimum of 6 years full time post-qualification professional
Valid GMAT Score
* Application Deadline (for 2010-11 batch): Not Announced
http://www.iiml.ac.in/post_graduate_program_ipmx.html
6. XLRI, Jamshedpur
* Programme: One year General Management Programme
* Admission Pre-requisites:
A Bachelor’s degree in any discipline.
At least five years of relevant managerial experience
Either taking XAT or submission of GMAT Scores (taken between 01 January 2008 and 31 December 2009).
* Programme Expenses: INR 9,65,000 (approx)
* Application Deadline (for 2010-11 batch): 08 January 2010
* Placements 2008:
Average International CTC: USD 130,000
Average Domestic CTC: INR 17,80,000
http://www.xlri.ac.in/scripts/gmprogram.php
7. Indian Institute of Management, Indore
* Programme: 1 year Full Time Executive Post Graduate Programme in Management (EPGP)
* Last Batch Size:
* Average GMAT Scores (for last batch):
* Admission Pre-requisites:
A Bachelor's Degree or its equivalent in any discipline.
A valid CAT score or GMAT score (last 3 yrs)
Minimum 5 years of managerial/ entrepreneurial/ professional experience after graduation.
* Application Deadline (for 2010-11 batch): Not Announced
* Programme Expenses: INR 17,00,000/- (approx)
http://www.iimidr.ac.in/iimi/pages/prog ... n/epgp.php
8. Indian Institute of Foreign Trade
* Programme: 2 year Full Time MBA-International Business
* Admission Pre-requisites:
A Bachelor’s degree in any discipline.
For General/SC/ST/PH/OBC (non-creamy layer) candidates On the basis of Written test, Group Discussion and Interview.
For Foreign National/NRI/Children of NRI on the basis of GMAT (last 3 yrs)
* Application Deadline (for 2010-12 batch):
September 3, 2009
* Programme Expenses: Rs.3,50,000/- p.a. (approx)
* Placements 2009:
Average Domestic CTC: INR 7,55,000
http://www.iift.edu/iift/courses_mba.asp
9. S.P.Jain Institute of Management & Research, Mumbai
* Programme: 11 months Full Time Post Graduate Programme in Management (PGPM)
* Last Batch Size: 55
* Admission Pre-requisites:
Minimum 3 years of Bachelor's degree
CAT/XAT/GMAT score
Work Experience - more than 5 years
* Application Deadline (for 2010-11 batch):
Last date of application 7th July 2009
* Programme Expenses: INR 5,50,000 (approx)
http://www.spjimr.org/pgpm/pgpm_home.asp
* Programme: 2 year Full Time Post Graduate Diploma in Management (PGDM)
* Admission Pre-requisites:
Minimum 3 years of Bachelor's degree
Test score: CAT or XAT or GMAT (last 1 yr).
* Application Deadline (for 2010-11 batch):
Last date of application 7th July 2009
* Programme Expenses: INR 6,40,000 (approx)
http://www.spjimr.org/pgdm/pgdm_home.asp
And here are few more institutes accepting GMAT scores.
1). Amity Business School:
2). Apex Institute of Management:
3). Great Lakes Institute of Management:
4). Icfaian Business School:
5). Indian Institute of Foreign Trade:
6). Indian Institute of Social Welfare and Business Management:
7). Institute of Management Development and Research:
8). Punjab University:
9). Spicer Memorial College:
10). Tata Institute of Social Sciences:
11). Lovely Professional University
IIFT admissions procedures for "MBA-International Business"
Mode of Admission
For General/SC/ST/PH/OBC (non-creamy layer) candidates:
On the basis of Written test, Group Discussion and Interview.
For Foreign National/NRI/Children of NRI:
On the basis of General Management Aptitude Test (GMAT)
Tuition Fee (for 2010 batch):
Approx Rs.3,50,000/- p.a.
Important Dates:
Last date for receipt of application : FIRST WEEK OF SEPTEMBER
Written examination: FOURTH SUNDAY OF NOVEMBER 10.00 am – 12.00 noon
Commencement of Programme: FIRST WEEK OF JULY
Pattern of Admission Test
The admission test is a multiple choice objective type written test (in English). Duration of the test is two hours. It normally consists of around 200 questions covering ENGLISH COMPREHENSION, GENERAL KNOWLEDGE & AWARENESS, LOGICAL REASONING AND QUANTITATIVE ANALYSIS
Contacts:
New Delhi Campus Address
IIFT Bhawan
B-21, Qutab Institutional Area
New Delhi
Telephone
+91-11-26965124
+91-11-26965051
Fax
+91-1126853956
Kolkata Campus Address
J-1/14 (7th-9th Floor),
EP & GP Block, Sector-V
Salt Lake City,
Kolkata-700091
Telephone
+91-33-2357 2854
Fax
+91-33-2357 2855
Seems like GMAT score is acceptable only in case of Foreign Nationals and NRIs. In case you get more information on whether GMAT scores are acceptable for Indian Nationals.
Why MBA
While working on my applications I encountered this question several times. Each time I had a better explanation but still not fully satisfied with my answers somewhere in the back of my mind. The AdComs generally doesn't like a candidate who is not clear about the answer to this question, and that’s justified. Once a candidate starts with the MBA, he/she may not have enough time to change the decision. Like me there would be many other applicants, so I thought if my findings and your feedback could help us all :)
Here I'm not going to answer why MBA is required. The reason would be different from person to person. I have listed a few questions for self-evaluation and I can promise, that by end of this note you would have an answer to convince the AdCom .My apologies, but in this post I would be taking example of "Management Consultancy in IT" (one of the hottest job profile today) to justify my points.
So get a pen and paper and start answering all the questions one by one. For some of the questions you may need decent amount of time and research.
Step 1:
Apart from the huge salary packages :evil: , what is the main reason for you. It could typically be:
1. Switching career to some other Industry or function
2. Starting ones own business
3. Progressing to a higher responsibility in the same industry or function
Step 2:
Now once you have answered the above question, take some time and evaluate
1. Which Industry, role and country you are aiming for.
I take an example of "Management Consultant in the field of IT in India".
2. What are your target companies.
Be clear about this. AdCom may want to understand what kind of companies you are targeting. It should not be list of 100 best IT companies listed on NSE, rather a genuine answer would be a target for 3-4 companies. Also, be realistic and don't try to list top companies like Mckinsey or Booz unless you can justify that.
3. What the new role means.
If I'm saying Management Consultancy in IT field, I should be clear about what this role means and what would be the kind of responsibilities. A typical IT management consultant would be doing:
* Selling (identifying prospective clients etc)
* Research (Gathering requirements, interviewing clients, evaluating existing solutions etc)
* Analysis (Gathering data and information)
* Reporting (preparing proposals, recommendation to client etc)
* Implementation (project management, documenting team work, IT implementation etc)
* Administration (Expense report, time tracking)
Step 3:
Now one need to evaluate himself to answer the big question of why the above role and industry
1. Where do you stand today.
I'm already working as an IT consultant for last XX years and have successfully implemented XX projects at various client locations. I have worked close with client and have displayed some of the qualities required by a IT consultant.
2. What kind of role you are looking for in the future.
I'm looking for a role of Management Consultancy, continuing in the same IT field but with a higher responsibility (Can use some crap from 3rd question in Step 2 :P )
3. What skills you already posses and what new skills are required.
A typical way to answer this question would to list all the skills generally required for Management Consultancy and rank myself:
Technical knowledge - strong
Analytical skills - strong
Client skills - basic
Leadership skills - basic
Business skills - Nil
Management skills - Nil
Communication skills - good
Relationship skills - basic
4. The skills, which hindered your performance in the past, MBA can add.
In my past role, there have been various responsibilities I couldn't take because of lack of a particular skill or knowledge of some tools. A simple way to answer this question would be to compare ones skill-set with the skill-set of a role (may be a senior manager) where he see himself after MBA. Example - I lack knowledge in Pricing concepts, Financial analysis, Business strategy, Project Management, Negotiation skills etc etc etc.
5. What have you done so far to prove that you are moving towards your career goal.
I have moved from IT Product based company to IT services based company due to this reason. A list of trainings or programs I attended to add a skillset like client negotiation, Project Management etc. I have chosen to work for a client-site role. The list goes on.
Step 4:
An MBA can just lay a foundation for your career goals, but certainly cannot assure to achieve that goal. In most of the cases, one can still achieve his/her goals even without MBA. Don't forget only 38% of the CEOs in US have an MBA degree. So the most important question
1. If not MBA then what?
Surely, MBA is not the end of life. If not MBA, then also I would like to achieve my career goal of IT management consultancy. The way would surely be unorganized and time consuming. A typical example would be attending trainings, gaining experience from current role, reading articles and business publications, and choosing a mentor with the role I'm targeting.
Having said that, I would say MBA is just a means to achieve my goals, a bundled package which would provide me with the skill-set required to accelerate towards the career goal.
Step 5:
To justify ones long-term goals, he need to understand what a typical career path would be starting from the responsibility he is looking immediately after MBA.
1. What is the career progression from the immediate goals?
If I start as a Management Consultant in IT, a typical career progression would be:
Associate consultant > Senior consultant > Team lead > Manager > Senior Manager > Associate Partner > Senior Partner > Vice-president > President >
and so on
Step 6:
Last, but not the least. If one has chosen a career goal, he should be aware of the future trends and opportunities in the particular field. After all, there may not be a sense to choose a career which doesn't have much of future demands.
1. What are the future prospects of the career goal chosen?
For a management consultant in IT, some facts and figures regarding the future demands. For Example, in India IT services industry net revenue for 2008-09 is $58 billion, supposed to be doubled by 2012 and estimated to be $225 billion by 2020. Brief of few prominent projects and government initiatives would also be helpful.
By end of Step 4, one would already have a good reason for why MBA. Step 5 and 6 would strengthen the reason and help in getting a more convincing answer if one has chosen a right path for him/her.
What is Aerospace MBA
aerospace mbaThe MBA is a generalist degree in business administration, with a broadening management programme linked to the Aerospace sector and environment, and a minimum of 12 months of full-time study. This programme aims to broaden knowledge, enhance managerial skills, emphasise the international management aspects, and develop a flexible and creative learning process.
The Aerospace MBA programme is market driven, with many aerospace companies directly involved in both education and training, and has a curriculum that is evolutionary and continuously adapted to practical business as well as to academic concerns. The programme focuses on processes with a strong strategic orientation, and deliberately adopts inter- and trans-disciplinary views to prepare participants for the challenges of the complex business world of tomorrow, specifically the Aerospace environment.
Participants are provided with broad coverage of the main fundamental strategic and functional areas in management: Strategic and Core Business, Finance and Accounting, Information Systems and Operations Management, Human Resources Management, and Marketing and Sales. There then follows a complete process approach, covering the key management topics that cut across different functions in the aerospace sector, including Managing Alliances and Partnerships, Managing Corporate Change, Knowledge Management, Supply Chain Management, and Business Process Design. The combination of function and process then corresponds to the typical organisational structure common in the Aerospace sector.
In the second half of the programme, participants are required to carry out an in-company project that aims at putting into practice the knowledge acquired during the first seven months of academic and professional courses. Alternatively, they must carry out research work to contribute to the advancement of knowledge in aerospace management. In order to have a global view of aerospace subsectors, elective courses are offered in Air Transport Management, Defence procurement, Managing Space Industry and Telecommunications, Managing Aerospace subcontractors, and Managing maintenance for Aerospace.
Professional participants come from diverse areas of the aerospace industry (aeronautics, space, airlines, defence) and government ministries. In their various companies and establishments, they occupy different management positions, ranging from Human Resources, Training, Engineering and Operations management, to Research and Development. Some are from non-aerospace industry and wish to integrate after graduation. All appreciate the cultural mix and high standards of the lectures, seminars and conferences, considering the Aerospace MBA a must for any manager who wants to actively play the role of ‘strategy accelerator’ for today’s aerospace companies.
These views are unanimously shared by the participants, and often show the pleasure they derive from sharing their experiences with such a multicultural and multidisciplinary group. The MBA creates a forum for both participants and professionals to develop international networks for their companies.
Career In MBA
This is an exciting time to prepare for a career in business management. There are many changes in how business is being conducted around the world. Clearly, this is a time of great transition in the creation and distribution of goods and services globally.
While times of transition often look chaotic, new patterns will emerge that establish the new order. Men and women entering business careers in the coming decade will be a part of creating the new patterns in the new order.
One of the most exciting features of the current transition is the globalization of business. Creation and exchange of goods and services involves an increasing portion of the world's population. Every year, the scope of participation is greater. More countries, more cultures, more people are involved in interactive economic trade. Labor, goods, and services are exchanged more broadly, and only a relatively small portion of the world's population is left out of the global economy - a portion that continues to shrink. This globalization has made fundamental changes in business outlook and practices.
Equally dramatic changes are taking place in technology. Manufacturing, communications, and transportation technologies are all producing innovation on a scale and at a rate unimaginable only a few years ago. This means the old mind sets about how things are done, and with whom transaction are made, are obsolete. Men and women entering business management careers in the next decade will literally be changing lives throughout the world through techniques and transactions not yet imagined.
All of these changes make this a particularly propitious time to be acquiring a business education. With so much change taking place, persons acquiring a business management education now can learn the techniques on the leading edge of change. They can prepare themselves to participate in the new patterns of business. They will enter business careers as new patterns are emerging, and they will participate in building the operational practices twenty-first century businesses.
With this amazing opportunity available to them, it is especially important that persons planning business careers get an education that is reliable, current, and relevant. They need to be certain that they experience educational programs capable of preparing them for the excitement ahead. Those programs must be in touch with the latest techniques and practices. They must combine the theoretical understanding of global economic developments with a practical understanding of how things get done. A student who invests his or her time, effort, and opportunity in an educational experience must be sure that the return on that investment will be great. The best educational experience will not just inform students, it will transform them. At the end of the educational experience they will see the world in ways they had not seen it before, and they will behave differently than they behaved before.
In this situation of opportunity, the good new and the bad news comes from the same phenomenon. There are more educational opportunities for students wishing to enter into business management careers than ever before. The bad news is that the demand for business education is so great that it has encouraged institutions of dubious merit to enter the market.
Not all management education programs are the same. Some do not have the resources to assure that their education is current and relevant. A shortage of qualified faculty and the expense of maintaining current technology push costs up for institutions offering business education.
Some do not have the will to use their resources to make the education they offer current and relevant. With high demand in the market, some institutions can operate at lower costs and higher profit margins by skimping on needed personnel and technology. Students need information as they make choices among education providers.
AACSB International - The Association to Advance Collegiate Schools of Business - has been evaluating and accrediting educational quality of business education since 1916. It provides a rigorous peer review process for determining those schools that offer quality business management education. Worldwide, 424 schools have achieved AACSB International accreditation, which assures not only that they have achieved quality but that they have mechanisms in place for continuous improvement of their educational offerings. In making its accreditation evaluations, AACSB looks at the educational outcomes, processes that produce those outcomes, and the processes that manage schools' resources toward achievement.
The ultimate criteria for decision-making within the AACSB accreditation process is a judgment of overall high quality. Through the professional judgment of the business school administrators and corporate executives who comprise the peer review teams, an overall quality judgment results from the careful and detailed evaluation of this school on AACSB's accreditation standards. Students entering an AACSB-accredited business management program can be assured that accreditation is earned only after a careful and searching review process.
The coming decade will see a great need for emerging leaders in business. These must be people with vision and with values. They will be needed in every industry and at every level of business activity. The excitement of the current business transitions will evolve into economic activity and participation of a scope the world has never seen. Today's students will be its creators and leaders.
What Is GMAT ?
The Graduate Management Admission Test (GMAT) is a computer-adaptive test that measures basic verbal, mathematical, and analytical writing skills that are developed over a long period of time. The GMAT is designed to help graduate schools assess the qualifications of applicants for advanced study in business and management. Many graduate management programs throughout the world require the GMAT scores.
Does the GMAT test business knowledge?
The GMAT does not presuppose any specific knowledge of business or other specific content areas, nor does it measure achievement in any particular subject areas. The GMAT is entirely in English and all instructions are provided in English.
How do schools use GMAT scores?
Your GMAT scores are only one predictor of academic performance in the first year of graduate management school. Most schools look at GMAT scores, undergraduate performance, work experience, recommendations and your application to evaluate your fit with their program. To find out how your GMAT scores will be factored into the application review process, you should contact the admissions office at the school(s) to which you are applying.
What is a Computer-Adaptive Test?
In a computer-adaptive test (CAT), questions are selected while each individual takes the test. As you answer each question, the computer scores that question and use that information to determine which question to present next. Your next question will be the one that best reflects both your previous performance and the requirements of the test design. This means that different test takers will be given different questions.
What is the format of the GMAT?
The GMAT includes verbal, quantitative, and analytical writing sections. The verbal and quantitative sections are multiple-choice and computer-adaptive. For the analytical writing section of the test you will be presented with two essay topics and will write your responses using the computer keyboard.
What is the Analytical Writing Assessment?
The Analytical Writing Assessment (AWA) portion of the GMAT consists of two 30-minute writing tasks - Analysis of an Issue and Analysis of an Argument. The scoring of your essays will be based on the overall quality of your ideas about the issue and argument presented: your overall ability to organize, develop, and express those ideas; the relevant supporting reasons and examples you used; and your ability to control the elements of standard written English.
What is tested in the verbal section of the GMAT?
The verbal section of the test measures your ability to read and comprehend written material, to reason and evaluate arguments, and to correct written material to conform to standard written English. Three types of multiple-choice questions are used in the verbal section of the GMAT-Reading Comprehension, Critical, Reasoning, and Sentence Correction. Reading comprehension questions measure your ability to understand, analyze, and apply information and concepts presented in written form. Critical Reasoning questions are designed to test the reasoning skills involved in (I) making arguments, (2) evaluating arguments, and (3) formulating or evaluating a plan of action. Sentence Correction questions ask you which of the five choices best expresses an idea or relationship. The questions will require you to be familiar with the stylistic conventions and grammatical rules of standard written English and to demonstrate your ability to improve incorrect or ineffective expressions
What Should I expect in the quantitative section of the gmat?
The quantitative section of the test measures basic mathematical skills, understanding of elementary concepts, the ability to reason quantitatively, solve quantitative problems and interpret graphic data. Two types of multiple-choice questions are used in the quantitative section-Problem Solving and Data Sufficiency. Both types of questions are intermingled throughout the section and require knowledge of arithmetic, elementary algebra, and commonly know concepts of geometry.
Problem solving questions are designed to test basic mathematical skills, understanding of elementary mathematical concepts, and the ability to reason quantitatively and to solve quantitative problems.
Each Data Sufficiency question consists of a question and two statements labeled (I) and (2) that contain additional information. You must decide whether the data given in the statements are sufficient for answering the question. Data Sufficiency questions are designed to measure your ability to analyze a quantitative problem, to recognize which information is relevant, and to determine at what point there is sufficient information to solve the problem.
How much time will I have to take the test?
You will have 4 hours in total to take the test, including two optional breaks. You will have one hour for the Analytical Writing Assessment and 75 minutes for the Quantitative Section and another 75 minutes for the Verbal section. You will be able to take tow 5-minute breaks during the test.
Can I skip questions on the GMAT?
Because the computer scores each question before selecting the next one, you must answer each question when it is presented. Once you answer a question and move on to another, you cannot go back and change your answer. The computer has already incorporated both your answer and the requirements of the test design into its selection of your next question.
How should I prepare for the GMAT?
The organization that creates the GMAT, the Graduate Management Admission Council, and the Educational Testing Service believe that it is important for all GMAT test takers to be familiar with the format of the test and the kinds of questions. So GMAC now offers, free of charge, test preparation software for the GMAT called PowerPrep. PowerPrep is interactive software that features two computer-adaptive tests that are timed and presented just like the actual GMAT. It includes hundreds of practice questions, answers, and explanations, as well as a comprehensive math review, and real-time scoring. Both the tutorials and the complete POWERPREP software can be downloaded for free from MBA.com. A free CD-ROM version of POWERPREP is also offered to everyone who makes an appointment to take the GMAT.
Can I repeat the GMAT?
Sometimes a management school may request that you repeat the GMAT. This may happen if the school would like to see more recent evidence of your performance. You may not take the GMAT more than one time in any calendar month, even if you have taken the test and canceled your scores.
Should I repeat the GMAT to improve my scores?
If your scores seem unusually low compared with other indicators of your preparation for graduate management study, or unless there are other reasons to believe that you did not do your best on the test, taking the GMAT again may not be helpful. It is unlikely to result in a substantial increase in your scores, and, in fact, your scores may decrease.
How do I Send my Scores to Schools?
Before you begin the test, you will have an opportunity to select up to five graduate institutions or programs to receive copies of your score report. Once you have confirmed your selections you will not be able to make changes, deletions, or additions.
How is the GMAT scored?
The GMAT yields four scores: verbal, quantitative, total, and analytical writing. Each of these scores is reported on a fixed scale. Total scores range born 200 to 800, with about two-thirds falling between 400 and 600. Verbal and quantitative scores range from 0 to 60, although scores below 10 and above 50 are rare. The verbal and quantitative scores measure different things are and are not comparable to each other. Analytical writing scores, which range from 0 to 6, are computed separately from the scores for the multiple-choice sections of the test and have no effect on the verbal, quantitative, or total scores.
Why MBA Uk
Traditionally, having an MBA meant that you were one of an exclusive group of highly selected students who had survived a rigorous academic programme, with a strong emphasis on quantitative and analytical skills. While you might have little or no organisational experience, you were confident in your ability to solve problems, and expected a correspondingly high salary on appointment.
MBA coursesIt is clear from the numbers above that an MBA is no longer a mark of exclusivity. But paradoxically the massive expansion in MBA provision has, in many ways, made the qualification more attractive to employers. This is because of a shift in emphasis in MBA content, and a major change in those studying for the qualification. Both changes were pioneered primarily in the UK, where the typical student is now in their late twenties or thirties, has considerable management experience, and is more likely to be studying while working (via part-time, executive or distance learning programmes) rather than incurring the opportunity costs of full-time study. In fact, many managers are now studying UK MBA programmes from around the globe, without detriment to the quality of their student experience or the value of the qualification.
Employers no longer see MBA as standing for arrogance, ignorance of the real world and high salary demands (twenty years ago, this was a common view in Europe outside of the traditional blue-chip employers of MBAs). Instead, they see the qualification, allied to relevant experience and proven organisational achievements, as indicating flexibility, the ability to welcome rather than resist change, creativity, self-motivation, personal effectiveness, and a range of other qualities needed in the fluid organisational environments to which they are currently recruiting.
This means that one major benefit for the MBA graduate is that if they are applying for a new job, their attractiveness in terms of existing strengths and experience will be considerably enhanced by the possession of the qualification. Note, though, that this basis will normally be important. An MBA without other attributes will today have a restricted appeal; only the 'top' schools tend to have consultancies and employers queueing up to employ their graduates, and even then relevant work experience will normally be expected.
So much for one of the historic benefits. The other benefits of traditional MBAs have perhaps been less affected by time. The confidence of knowing that you are as familiar with concepts as those trying to 'blind you with jargon' is as valid as ever, as is the ability to be constructively critical of consultants or others purveying 'solutions' to management problems. It is still important to be able to use management tools and techniques - from a basic spreadsheet to a sophisticated knowledge management tool - to communicate clearly, whether in writing or when making presentations, and to analyse a problem thoroughly before suggesting a solution. Understanding the basic functions in an organisation and the main features in the environment that impact upon it is still vital for effective strategic management. Exposure to the latest thinking in management will always be an asset.
But added to these, an MBA today is likely to give you a range of 'softer' skills and understanding. You are likely to develop your teamworking skills, to gain an understanding of why people in organisations behave as they do, and to become more aware of the problems stress can cause. You will be far better able to understand and respond effectively to the uncertainty and complexity that is a feature of organisational life in times of rapid change. You may well have developed your own creativity. Above all, you will be able to stand back from situations and 'make sense of them' in a range of different ways, reflecting different perspectives. What is more, you will learn from these 'conceptual experiments' reflecting your capacity to respond to future situations.
Those studying part-time are often surprised at the speed with which these benefits become apparent. Almost from the start of a programme, testing conceptual frameworks taught in the course against a student's own experience changes the way they see situations, thereby markedly increasing their effectiveness as managers. This unanticipated benefit of the study process is so powerful, and the promotions that follow so rapid, that possession of the letters 'MBA' may become almost irrelevant.
Other unanticipated benefits are improved time management skills (indeed, it would be hard to survive an MBA programme without these), a network of contacts that will outlast their management career, and increased motivation at work as things start to make sense. Above all, the learning and reflective habits developed will ensure that even long after graduating, those with MBAs will be outperforming those without.An MBA may no longer be an exclusive qualification for those heading for the most senior ranks of management, or a guarantee of an immediate doubling of salary. But an appropriate MBA still offers managers career and personal benefits that are likely to far outweigh any financial and personal costs.
Get a UK accredited mba here:
Bloomsbury Business School
The European Business School London
To gain these benefits, you will need to choose your course carefully. It will need to be suited to your particular needs, and offered by a respected institution. Be warned - gaining a reputable MBA will be hard work. Beware too that it may also become addictive, and may change your life and your career in ways that you cannot envisage at the outset!
